7644888 7/13/2017 8:46 AM, USD/CAD Intraday: under pressure.


Pivot: 1.2840


Our preference:

short positions below 1.2840 with targets at 1.2680 & 1.2640 in extension.


Alternative scenario:

above 1.2840 look for further upside with 1.2895 & 1.2940 as targets.


Comment:

even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


Supports and resistances:


1.2940 **

1.2895 *

1.2840 ***


1.2744

Last

1.2680 *

1.2640 *

1.2595 ***